China Considers Launching Yuan Stablecoin
China is poised to make a dramatic U-turn on cryptocurrency policy by developing its own yuan-backed stablecoin.
Nasdaq Ousts Windtree as Stock Tanks to $0.11
Nasdaq is showing Windtree Therapeutics the door. The exchange is delisting the company’s stock after it failed the most basic test: keeping its share price above $1.
Ark Invest Doubles Down, Buys $37M in Robinhood and Bullish Amid Crypto Slump
Cathie Wood’s Ark Invest capitalized on a market downturn Tuesday, purchasing $21.2 million in Bullish (BULL) and $16.2 million in Robinhood (HOOD) through its ARK Innovation ETF (ARKK). This buying spree continued despite both stocks closing sharply lower.
Wyoming Launches a State-backed Stablecoin
Think of a digital dollar that’s officially backed by a state government. That’s what Wyoming just created. It’s called the Frontier Stable Token, or FRNT for short.
Fed’s Crypto Ban for Staff Could Crumble, Says Top Regulator
The Federal Reserve’s own ban on crypto for its employees is being challenged from within.
Illinois Joins Regulatory Wave with New Crypto Exchange and ATM Laws
The first, SB 1797, empowers regulators to monitor crypto firms, enforcing capital, cybersecurity, and disclosure rules akin to traditional finance.
South Korean Exchanges Forced to Pause Crypto Lending Amid Regulatory Scrutiny
South Korea’s financial watchdog has temporarily barred cryptocurrency exchanges from offering lending services, disrupting a fast-growing sector of the digital asset market.
